Articles tagged with "geothermal-energy"
Engineers unlock deep-earth heat to power a sustainable future
The article discusses the growing potential of geothermal energy as a sustainable and reliable source of clean power. Geothermal energy harnesses heat from the Earth’s crust, generated by the decay of radioactive elements deep underground, to produce electricity and provide heating and cooling. Recent advances in drilling technology and closed-loop systems have significantly expanded geothermal’s viability, enabling continuous power generation with capacity factors often exceeding 90 percent. Experts estimate geothermal energy could supply up to 15 percent of global electricity demand by 2050, offering a carbon-free alternative to fossil-fuel baseload sources like coal and natural gas. Geothermal energy is abundant and nearly inexhaustible, with heat accessible within 2 to 12 miles beneath the Earth’s surface, containing vastly more energy than all fossil fuel reserves combined. It produces minimal emissions, operates independently of weather or daylight, and requires less land than solar or wind farms, making it suitable for diverse locations. Additionally, geothermal systems can efficiently provide heating and cooling through ground-source heat pumps.
energygeothermal-energysustainable-energyclean-powerrenewable-energydrilling-technologycarbon-free-energyTDK Ventures Invests In Rodatherm Energy, A Geothermal Company - CleanTechnica
TDK Ventures, Inc. has invested $38 million in Rodatherm Energy Corporation, a geothermal power-generation company focused on the Great Basin region in the Western U.S. Rodatherm is developing a novel advanced geothermal system (AGS) that differs from existing technologies by using a fully cased and pressurized design, a unique working fluid, modular wells, and a direct-drive turbine. This system aims to overcome the thermodynamic and economic limitations of current AGS approaches. The investment will support Rodatherm’s efforts to build its first commercial-scale geothermal power plant, targeted to produce 100 MW of electricity, with a pilot project expected by the end of 2026—an ambitious timeline for the geothermal sector. Geothermal energy, while less visible than solar or wind, holds significant potential to provide reliable, firm power that can complement intermittent renewables. The U.S. Geological Survey estimates that advanced geothermal technology could generate up to 520,000 MWe, enough to power every U.S
energygeothermal-energyrenewable-energyclean-energyenergy-investmentenergy-technologypower-generationUnderground Heat, Urban Cool: The Physics & Promise of Geothermal Cooling - CleanTechnica
The article discusses the innovative geothermal cooling project, G2COOL, in Masdar City, Abu Dhabi, which addresses the extreme energy demands of air conditioning in the Persian Gulf region. Air conditioning consumes up to 70% of the UAE’s electricity, making efficient cooling solutions critical. Unlike conventional geothermal power plants that generate electricity, G2COOL uses moderate-temperature geothermal water (80° to 100°C) from an underground aquifer directly to produce chilled water for district cooling through an absorption chiller system. This system leverages the absorption cooling cycle, where heat from geothermal water drives a lithium bromide-water solution to produce chilled water, which then cools buildings. Currently, G2COOL supplies about 10% of Masdar City’s cooling needs. The absorption cooling cycle involves heating a lithium bromide solution to release water vapor, which condenses and evaporates at low pressure to absorb heat from building cooling loops, effectively producing chilled water. Although the system’s coefficient of performance (
energygeothermal-energydistrict-coolingabsorption-chillerrenewable-energyMasdar-Citysustainable-coolingBeyond the Hype: A Clear-Eyed Look at Geothermal’s Role in the Energy Transition - CleanTechnica
The article "Beyond the Hype: A Clear-Eyed Look at Geothermal’s Role in the Energy Transition" from CleanTechnica presents a comprehensive and nuanced examination of geothermal energy’s potential and challenges within the global energy transition. The author’s investigation evolved from initial curiosity into an extensive research project, culminating in a detailed report published by TFIE Strategy in September 2025. The report critically assesses geothermal technologies, balancing enthusiasm with realism by applying Bent Flyvbjerg’s framework on megaproject risks, which highlights the frequent cost overruns and delays in large-scale, first-of-a-kind projects. This approach helps differentiate between geothermal methods with scalable, modular potential—such as district heating and industrial heat pumps—and riskier, ambitious ventures like enhanced geothermal systems and ultra-deep drilling. The article underscores that while conventional geothermal power offers excellent low-carbon energy in select geographies, its global impact remains limited. Enhanced geothermal, often touted as imminent, faces historical setbacks including seismic risks and financial uncertainties,
energygeothermal-energyclean-energyenergy-transitionrenewable-energysustainable-energyenergy-technologyWest Union, Iowa Has A Municipal Geothermal System. Now Others Want To Know More About It. - CleanTechnica
West Union, Iowa, has implemented a unique municipal geothermal system consisting of 132 boreholes, each 300 feet deep, connected by underground pipes supplying constant 50°F water year-round. This ground source heat pump system efficiently heats and cools municipal buildings and several downtown businesses. Unlike air source heat pumps, which must operate across varying temperatures, the geothermal system benefits from a stable water temperature, resulting in higher efficiency, lower operating costs (about half the usual heating/cooling expenses), and longer equipment lifespan—approximately 24 years for heat pumps and over 80 years for utility-grade piping. The system runs on electricity, reducing reliance on fossil fuels and promoting environmental sustainability. The geothermal project emerged from a convergence of factors in 2012, when West Union planned a major downtown street reconstruction and sought sustainable development options. Supported by the Iowa Economic Development Authority and funded largely through state and federal stimulus grants post-2008 recession, the town integrated the geothermal system into its revitalization efforts, which also
energygeothermal-energydistrict-heatingground-source-heat-pumpssustainable-energymunicipal-energy-systemsrenewable-energyMore Geothermal Energy, Faster, From US Startups
The article discusses the emerging potential of advanced geothermal energy systems developed by U.S. startups, particularly highlighting the work of Utah-based company Zanskar. Traditional geothermal energy in the U.S. has been limited to a few western states with naturally optimal conditions, constraining its contribution to the national energy mix. However, new techniques adapted from the oil and gas industry, combined with artificial intelligence and modern geoscience modeling, are enabling the identification and development of geothermal resources in previously untapped areas. Zanskar’s AI-driven, vertically integrated approach aims to accelerate the discovery and deployment of geothermal power, offering a scalable, reliable, and carbon-free baseload energy source. Zanskar has demonstrated success with two key projects: upgrading the Lightning Dock site in New Mexico, now considered one of the most productive pumped geothermal wells in the U.S., and a recent major discovery at the Pumpernickel geothermal field in northern Nevada. The Pumpernickel site, initially explored unsuccessfully in the
energygeothermal-energyclean-energyAI-in-energyrenewable-energyenergy-startupssustainable-powerUS firm drills record 387 feet into granite with millimeter wave system
Massachusetts-based startup Quaise Energy has demonstrated a groundbreaking millimeter wave drilling system capable of boring 387 feet (118 meters) into solid granite without physical contact. The live demo, held at a granite quarry in Marble Falls, Texas, showcased the technology’s ability to vaporize rock using high-frequency electromagnetic waves, creating a smooth borehole and producing granite ash. This innovation, described as the first major drilling advancement in a century, aims to unlock access to superhot, deep geothermal energy—potentially providing a vast, clean, and renewable energy source comparable in scale to fossil fuels. The demonstration followed a series of successful tests progressing from drilling a few feet in lab granite cores to the current record depth achieved on the first attempt in the field. Quaise’s system reached drilling speeds up to 16 feet (5 meters) per hour, significantly faster than conventional granite drilling rates of about 0.3 meters per hour. The company plans to push the technology further by drilling up to a kilometer
energygeothermal-energymillimeter-wave-drillingrenewable-energyclean-energy-technologydeep-drillingenergy-innovationStartup to test closed-loop geothermal drilling to tap Earth’s heat
Rodatherm Energy Corporation, a Canadian geothermal startup based in Alberta, has secured a $38 million Series A investment from TDK Ventures to develop and deploy its innovative closed-loop geothermal system (AGS). Unlike traditional geothermal plants that require drilling into hot rock and use water or steam, Rodatherm’s AGS technology operates without drilling, water use, or emissions. The system uses a fully sealed, pressurized loop optimized for sedimentary basins, harvesting heat through conduction and convection into a new working fluid isolated from the ground. This design eliminates environmental risks such as contamination and fracking, while achieving 50% higher efficiency than conventional binary-cycle geothermal systems and using five times less fluid. The AGS system acts like a large underground heat pump and is modular, scalable, and capable of providing reliable baseload and dispatchable power. It is engineered to operate in diverse geological settings with minimal maintenance over decades and has a small surface footprint without requiring fresh water. Rodatherm plans to build its first
energygeothermal-energyclosed-loop-systemsustainable-energyheat-pumprenewable-energyenergy-efficiencyRodatherm Energy wants to make geothermal more efficient, but will it be cheaper?
Rodatherm Energy, a new geothermal startup, announced its emergence from stealth mode with $38 million in Series A funding led by Evok Innovations and several other investors. The company plans to build a 1.8-megawatt pilot geothermal plant in Utah by the end of 2026, with Utah Associated Municipal Power Systems as a prospective electricity buyer. Rodatherm distinguishes itself by using a closed-loop system with steel boreholes filled with a refrigerant, rather than the water-based systems commonly employed by other enhanced geothermal companies. This design aims to improve efficiency by 50%, reduce water usage, and eliminate the need for filters to remove debris caused by water flow in open-loop systems. Despite these potential advantages, Rodatherm faces significant competition from established players like Fervo Energy, Sage Geosystems, XGS Energy, and Quaise. Fervo, the market leader, has raised nearly $1 billion and is expanding its Cape Station power plant, with contracts to supply electricity to
energygeothermal-energyrenewable-energyenergy-efficiencyclosed-loop-systemrefrigerant-technologypilot-power-plantNext-Gen Geothermal: The Tech, Evolution, & Road Ahead with Brightcore Energy President & Former NHL Superstar Mike Richter - CleanTechnica
The article features an interview with Mike Richter, former NHL goalie and current president of Brightcore Energy, a next-generation geothermal company. Richter discusses the fundamentals of geothermal energy, highlighting its cost-effectiveness and scalability for heating and cooling large buildings. He also delves into recent technological innovations that have made geothermal systems more accessible, shares insights on current projects, and outlines Brightcore Energy’s future direction amid growing demand for deep building decarbonization. Richter’s unique background combines professional sports and environmental expertise. After retiring from hockey, he studied Environmental Policy at Yale and built a career in sustainability, focusing on private equity and project finance for clean energy solutions. Since joining Brightcore Energy in 2016, he has contributed to advancing geothermal, solar, and LED lighting technologies. The article encourages readers to listen to the full podcast for a detailed understanding of geothermal’s potential and Richter’s journey from sports to cleantech leadership.
energygeothermal-energyclean-energyrenewable-energysustainabilitydecarbonizationBrightcore-EnergyUS firm gets funding to test water-jet drill for geothermal energy
Dig Energy, a U.S.-based startup, has secured $5 million in venture funding to pilot its innovative geothermal drilling technology aimed at drastically reducing costs. The funding round was co-led by Azolla Ventures and Avila VC, with additional support from several investors and accelerators, including the U.S. Department of Energy’s EPIC Prize. Dig Energy’s mission is to make geothermal heating and cooling cost-competitive by addressing the primary barrier: the high expense of drilling boreholes. Currently, geothermal systems account for only about 1% of U.S. building installations largely due to the use of oversized, oil-and-gas-style drilling rigs that are costly and impractical for many sites. Dig Energy has developed a compact water-jet drill that replaces traditional carbide bits with high-pressure fluid drilling, cutting drilling costs by up to 80%. This smaller, purpose-built rig is designed specifically for geothermal applications and can access urban and tight sites where demand is highest. By lowering upfront costs, Dig aims
energygeothermal-energydrilling-technologyrenewable-energyenergy-efficiencysustainable-energyclean-technologyGeothermal is too expensive, but Dig Energy’s impossibly small drill rig might fix that
Dig Energy, a startup emerging from stealth after five years, has developed a compact water-jet drilling rig aimed at drastically reducing the upfront costs of geothermal heating and cooling systems. Traditional geothermal installations are expensive primarily due to costly drilling, limiting geothermal adoption to just 1% of U.S. building installations despite its low operating costs and significant energy savings potential. Dig Energy’s rig promises to cut drilling costs by up to 80% by using water jets instead of conventional cutting bits, enabling smaller, more precise boreholes that can be placed closer together. This innovation could make geothermal a more viable alternative to fossil fuel HVAC systems, which account for about a third of U.S. energy use and up to 40% in data centers. The company has raised $5 million in seed funding led by Azolla Ventures and Avila VC to advance its technology toward commercial pilots. Unlike traditional geothermal drill rigs, which are large, truck-mounted, and difficult to deploy in tight urban or residential spaces, Dig’s
energygeothermal-energydrilling-technologyrenewable-energyHVAC-efficiencystartup-innovationsustainable-heating-and-coolingAdvanced geothermal startups are just getting warmed up
The article highlights growing momentum in the advanced geothermal energy sector, which has garnered bipartisan support in the U.S. Congress. Startups like Houston-based Fervo are advancing projects that utilize deeper and hotter geothermal wells, employing directional drilling techniques adapted from the oil and gas industry to reach depths of nearly 16,000 feet with stable temperatures around 520°F. Fervo recently secured significant funding, including $100 million from Breakthrough Energy Catalyst and additional loans, enabling it to move forward with the Cape Station project in Utah, which aims to generate 300 megawatts of continuous electricity—enough to power approximately 180,000 homes. Other startups are also making strides by partnering with established geothermal developers like Ormat to deploy innovative technologies that extract both heat and pressure from underground water to generate electricity more efficiently. The consistent, round-the-clock power generation capability of geothermal plants has attracted interest from data center developers, with projections suggesting geothermal could supply nearly two-thirds of data center electricity demand by 2030
energygeothermal-energyrenewable-energypower-plantssteam-turbinesenergy-startupsclean-energyUS Flexes Its Marine Energy Muscles For 24/7 Baseload Power
The article discusses the evolving US energy policy under the “American Energy Dominance” framework, which prioritizes traditional 24/7 baseload power sources such as coal, oil, and gas, while reducing support for wind and solar industries, especially offshore wind. However, the policy also embraces certain renewable energy sources with baseload capabilities, notably hydropower, geothermal energy, biomass, and now marine energy. Energy Secretary Chris Wright has highlighted geothermal energy’s potential, and marine energy—harnessing kinetic energy from tides, currents, and waves—is gaining recognition as a reliable, weather-independent power source with significant untapped potential. Concrete support for marine energy is evident through initiatives like the Department of Energy’s inclusion of marine energy in its collaboration with Norway and the TEAMER (Testing Expertise and Access to Marine Energy Research) program. TEAMER facilitates research and development by providing access to testing facilities and expertise, having recently awarded support to 18 new marine energy projects. These projects span tidal, hydrokin
energymarine-energyrenewable-energybaseload-powergeothermal-energyhydropowerenergy-policyWhat Makes Geothermal Energy So Special?
The article discusses the rising prominence of geothermal energy within the context of the recent “American Energy Dominance” policy, which primarily supports fossil fuels and nuclear power while limiting federal backing for wind and solar energy. Geothermal energy stands out because it can provide reliable baseload power—continuous electricity generation regardless of weather—putting it in direct competition with coal and natural gas. Unlike biomass and hydropower, which have geographic and resource limitations, geothermal energy’s potential is expanding due to innovative technologies such as enhanced geothermal systems (EGS) and advanced closed-loop systems (ACLs). These advances, combined with improved drilling techniques and data analytics, are unlocking vast geothermal resources beyond traditional Western US sites, with estimates suggesting up to 90 gigawatts of geothermal power could be harnessed nationwide by 2050. Despite the policy support, the geothermal industry has faced challenges in securing favorable tax treatment and navigating regulatory hurdles. Early versions of tax legislation threatened to impose restrictive deadlines and reduce incentives, but industry advocacy
energygeothermal-energyrenewable-energybaseload-powerenhanced-geothermal-systemsenergy-policyUS-energyGoogle's geothermal experiments are engineering templates for the energy transition
Google is pioneering the integration of engineered geothermal systems (EGS) into its next-generation data centers to address the growing thermal and power demands driven by AI-scale computing. As AI workloads increase, traditional cooling methods like air cooling are becoming insufficient, especially with emerging high-performance chips such as Nvidia’s GB200, which generate significantly higher thermal loads. Google's approach involves leveraging subsurface heat as a stable, low-carbon energy source that can be engineered for dispatchability and scaled to meet the real-time power and thermal needs of hyperscale compute infrastructure. This initiative aims not only to provide near-constant carbon-free energy (CFE) for Google’s operations but also to serve as a scalable blueprint for the broader energy transition. Google’s geothermal efforts include two major projects: an enhanced geothermal system in Nevada developed with startup Fervo Energy, which employs advanced techniques like horizontal drilling and fiber-optic monitoring; and a corporate geothermal power purchase agreement in Taiwan with Baseload Capital, designed to deliver 10 MW of reliable power
energygeothermal-energyclean-energydata-centerscarbon-free-energypower-systemsthermal-managementMIT Spinoff Unleashes Geothermal Gyrotron On Fossil Fuels
The article discusses a shift in the U.S. energy landscape where geothermal energy is emerging as a promising baseload power source amid federal efforts to protect domestic fossil fuel industries by limiting wind and solar growth. While the administration emphasizes baseload power—constant 24/7 electricity generation—to favor coal and oil, it also supports other baseload resources including nuclear, biomass, hydropower, and geothermal. However, nuclear and biomass face challenges such as high costs and supply constraints, and hydropower is limited by siting opportunities. This leaves geothermal energy, traditionally confined to specific western U.S. locations due to natural geological requirements, as a key area of innovation. Recent advances in geothermal technology, particularly by companies like MIT spinoff Quaise Energy, are overcoming these limitations by using drilling techniques adapted from the oil and gas industry to create optimal geothermal conditions where none naturally exist. Quaise has secured $21 million in funding to develop its unique millimeter wave drilling system that uses a powerful gyrotron
energygeothermal-energyclean-energybaseload-powerrenewable-energyenergy-innovationMIT-spinoffNew study finds 10 times more seismic activity in Yellowstone using AI
A recent study led by Professor Bing Li from Western University, Canada, utilized machine learning to analyze 15 years of seismic data from the Yellowstone Caldera, revealing approximately 86,276 earthquakes between 2008 and 2022—about ten times more events than previously recorded. This expanded earthquake catalogue offers a significantly improved understanding of Yellowstone’s seismic activity, highlighting that over half of these earthquakes occur as swarms, which are clusters of small, interconnected tremors occurring within confined areas over short periods. These swarms differ from typical aftershock sequences and provide new insights into the complex underground dynamics of the caldera. The study also found that earthquake swarms beneath Yellowstone occur along relatively young, rough fault structures, contrasting with the smoother, more developed faults in regions like southern California. This distinction helps clarify the unique seismic behavior of Yellowstone. The application of machine learning enabled the detection of many smaller seismic events that manual analysis previously missed, making it possible to build a more comprehensive and reliable seismic catalogue. This
energymachine-learningseismic-activitygeothermal-energyearthquake-monitoringvolcanic-riskdata-analysisGeothermal & Borehole Thermal Energy Storage Can Reliably Heat Buildings in Extreme Cold — NREL Modeling Results - CleanTechnica
A recent study by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) demonstrates that borehole thermal energy storage (BTES) combined with geothermal heat pumps (GHPs) can reliably heat buildings in extreme cold climates such as Alaska. The research, published in June 2025, modeled a 20-year period in which waste heat from a nearby coal plant was captured during summer, stored underground in boreholes, and then used in winter to heat two Department of Defense buildings in Fairbanks. The BTES system uses a network of vertical boreholes filled with a water-antifreeze solution to store and transfer heat, allowing the geothermal heat pumps to efficiently warm buildings without relying on cold outdoor air. Using EnergyPlus software, researchers found that heating demand in these cold-climate buildings was 5.6 times higher than cooling demand, a typical pattern for regions with long, harsh winters and mild summers. The study modeled two scenarios: one with a five-year prehe
energygeothermal-energyborehole-thermal-energy-storageheat-pumpssustainable-heatingcold-climate-energy-solutionsNREL-researchUS museum finds 67-million-year-old dinosaur fossil under asphalt
In January 2025, a geothermal test drilling project beneath the Denver Museum of Nature and Science’s parking lot unexpectedly uncovered a partial dinosaur fossil buried 763 feet underground. Radiometric dating identified the vertebra as belonging to a herbivorous ornithopod dinosaur, such as Thescelosaurus or Edmontosaurus, from approximately 67.5 million years ago during the Late Cretaceous period. This discovery marks the deepest and oldest dinosaur fossil ever found within Denver city limits, providing a rare glimpse into the prehistoric ecosystem that existed just before the mass extinction event that wiped out the dinosaurs. The find was hailed as both scientifically and historically significant by museum experts, who described it as an extraordinary and rare occurrence, especially given it was uncovered during a drilling project aimed at assessing geothermal energy potential. Supported by a $250,000 grant from Colorado’s Geothermal Energy Grant Program, the project is part of a broader state initiative to reduce greenhouse gas emissions by exploring sustainable energy alternatives. The
energygeothermal-energyfossil-discoverydinosaur-fossildrilling-projectDenver-BasinpaleontologyFinal GOP bill kneecaps renewables and hydrogen, but lifts nuclear and geothermal
The recently passed Republican reconciliation act, approved by a narrow 218-214 vote and awaiting President Donald Trump’s expected signature, significantly rolls back key provisions of the Inflation Reduction Act (IRA) related to clean energy incentives. The bill reduces or eliminates tax credits for solar, wind, and clean hydrogen projects, while preserving some benefits for nuclear, geothermal, and battery storage technologies through 2033. Solar and wind developers must now either connect projects to the grid by the end of 2027 or begin construction within 12 months of the bill’s passage to qualify for tax credits, tightening timelines compared to previous legislation. This shift is likely to impact sectors reliant on rapid deployment of renewable energy, such as data centers and climate tech startups, with green hydrogen companies facing particularly steep challenges as their tax credits are set to expire by 2027—five years earlier than under the IRA. While geothermal, nuclear, and battery storage incentives remain largely intact, new restrictions related to “foreign entities of concern” could
energyrenewable-energyclean-energynuclear-powergeothermal-energyhydrogen-fuelenergy-policyBeyond CATF's Biased Analysis: Why Firm Power Isn't The Full Answer - CleanTechnica
The article critiques a recent report by the Clean Air Task Force (CATF) that argues for moving beyond Levelized Cost of Electricity (LCOE) as the sole metric for evaluating energy technologies, emphasizing the need to account for system-level integration costs of intermittent renewables like solar and wind. While the article agrees that LCOE is incomplete—ignoring costs related to storage, flexibility, transmission, and capacity value—it contends that CATF’s favored alternatives, such as nuclear power, enhanced geothermal systems (EGS), and carbon capture-equipped fossil plants, are presented with significant bias. These technologies, often labeled as ideal firm power sources by CATF, also have substantial integration challenges and costs that the report downplays or ignores. Specifically, nuclear power’s inherent inflexibility requires continuous operation at steady output to remain economically viable, necessitating costly supplementary flexibility services like pumped hydro storage to manage grid variability. Similarly, EGS depends on stable thermal reservoirs and high capacity factors, but its
energyrenewable-energynuclear-powergeothermal-energyenergy-storagegrid-integrationenergy-economicsSenate GOP bill spares nuclear and geothermal energy while hammering wind and solar
Senate Republicans have introduced a budget reconciliation bill that significantly scales back renewable energy incentives established under the Inflation Reduction Act (IRA), particularly targeting solar, wind, and hydrogen energy. The bill proposes ending residential solar tax credits within 180 days of enactment and disqualifying solar leasing companies from receiving credits, which would severely impact the residential solar market. Commercial wind and solar projects would face a shortened timeline for tax credits, with full credits only available for projects starting within six months of the bill’s signing and phased reductions thereafter, disappearing entirely after 2027. Hydrogen tax credits would also end this year, creating additional challenges for hydrogen startups. In contrast, the bill largely spares geothermal, nuclear, hydropower, and long-duration energy storage technologies, with only slight extensions to their tax credit phase-outs. Carbon capture incentives would be modified to eliminate distinctions based on the use of captured carbon, making all projects eligible for the same credit level. Notably, the inclusion of long-duration energy storage could
energyrenewable-energysolar-powerwind-energynuclear-energygeothermal-energyenergy-policyGeothermal Industry Sends A 163-Gigawatt Letter To Fossil Fuels
The article discusses the renewed focus on geothermal energy in the United States amid President Donald Trump’s second term, which prioritized coal, oil, gas, and geothermal energy under a “National Energy Emergency” declaration issued on January 20. While traditional renewables like wind and solar were excluded from this emergency status, geothermal energy, along with biofuels and hydropower, was recognized as a critical energy resource. Despite this inclusion, legislative support—particularly tax provisions in the federal budget bill (BBB)—has yet to fully materialize, leaving geothermal’s financial incentives uncertain as Congress debates the final bill. Significantly, the US geothermal industry is poised for growth, bolstered by new Department of Energy research and development programs that leverage enhanced geothermal systems (EGS) technology. This approach uses advanced drilling techniques adapted from oil and gas to create viable geothermal power sites beyond the limited traditional locations west of the Rockies. A recent US Geological Survey assessment revealed that New Mexico alone holds an estimated 163 gigawat
energygeothermal-energyrenewable-energyUS-energy-policybiofuelshydropowerenergy-infrastructureStartups Weekly: No sign of pause
The article "Startups Weekly: No sign of pause" highlights the continued dynamism in the startup ecosystem despite major industry events like WWDC, with June seeing numerous significant deals and IPO announcements. It underscores that startup trajectories are often nonlinear, exemplified by neobank Chime’s near-collapse in 2016 before its highly anticipated IPO. Other notable startups include Nucleus Genomics, which offers controversial embryo genetic testing, and Automattic, the WordPress.com owner, which continues to support its personal CRM app after raising substantial venture capital. The piece also details key venture capital and funding developments, spotlighting several large and strategic investments. Multiverse Computing raised about $215 million for its technology that reduces the size and cost of large language models, while enterprise AI company Glean’s valuation surged to $7.2 billion. Other highlighted startups include Fervo Energy, backed by Bill Gates’ Breakthrough Energy Catalyst for geothermal projects; German nuclear fuel startup Proxima Fusion; delivery robot company Coco Robotics
energygeothermal-energyfusion-energyroboticsdelivery-robotsAI-integrationstartup-fundingMeta partners with US energy startup for 150 MW geothermal plant
Meta has partnered with US geothermal startup XGS Energy to develop a 150-megawatt geothermal power plant in New Mexico. Unlike a traditional power purchase agreement, this collaboration aims to advance geothermal energy development rather than directly securing power for Meta. The exact location of the plant remains undisclosed. This move reflects a growing trend among tech giants to incorporate geothermal energy into their clean energy strategies, given its ability to provide reliable, 24/7 emission-free electricity—an increasingly critical factor for energy-intensive data centers supporting AI and cloud computing. XGS Energy distinguishes itself with a closed-loop geothermal system that circulates water through a sealed well, preventing water loss common in traditional open-loop systems. The company also uses a proprietary heat-transfer mud to enhance heat absorption from surrounding rocks. Although still in development, XGS has raised $20 million in Series A funding to build a commercial prototype in California, with the Meta partnership potentially accelerating large-scale deployment. Research suggests advanced geothermal systems could supply up to two-thirds
energygeothermal-energyclean-energyMetaXGS-Energyrenewable-energypower-plantMeta teams with XGS Energy to build a 150 MW geothermal power plant
Meta has partnered with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico, marking the tech giant’s growing interest in geothermal energy as a clean, reliable power source. While specific details about the plant’s location and the terms of the deal remain undisclosed, Meta clarified that the agreement is aimed at advancing geothermal development rather than a direct power purchase contract. This move aligns with a broader trend among tech companies and data center operators who are increasingly exploring geothermal energy due to its ability to provide continuous, emission-free electricity. XGS Energy differentiates itself with a closed-loop geothermal system that circulates water within a sealed well, minimizing water loss, and uses a proprietary mud to enhance heat transfer from surrounding rocks. This technology contrasts with more common open-loop designs that lose some water to the ground over time. The partnership reflects growing momentum in the geothermal sector, with other startups like Fervo Energy securing significant financing to build large-scale plants and companies such as Google investing in geothermal
energygeothermal-energyrenewable-energyMetaXGS-Energypower-plantsustainable-technologyFervo Energy lands $206M in financing to build massive geothermal power plant
Fervo Energy, a leading geothermal startup, has secured $206 million in financing to advance the development of Cape Station, poised to be the world’s largest enhanced geothermal power plant located in Utah. The project’s initial phase is expected to begin operations next year, generating 100 megawatts of electricity, with a planned expansion in 2028 adding an additional 400 megawatts. Enhanced geothermal technology, which accesses deeper and hotter underground heat than traditional methods, offers a promising, emissions-free, and continuous power source, particularly appealing for energy-intensive applications like AI data centers. The technology also benefits from expertise derived from the oil and gas industry, potentially aiding its regulatory and political support. The financing package includes $100 million in preferred equity from Breakthrough Energy Catalyst, Bill Gates’s investment arm, an additional $60 million loan from Mercuria, and $45.6 million in bridge debt from X-Caliber Rural Capital. This funding follows Fervo’s recent achievement of drilling its hottest and deepest
energygeothermal-energyrenewable-energypower-plantclean-energyenergy-financingsustainable-energyQuaise "Proof Of Concept" Demo Goes Live In Texas - CleanTechnica
Quaise, an MIT spinoff, is pioneering a novel geothermal drilling technology that uses high-powered microwaves generated by gyrotrons to bore through hard rock such as basalt and granite. This approach aims to reach superhot zones located up to 12,000 feet (about 2 to 4 kilometers) beneath the Earth's surface, where temperatures exceed 374º C (700º F). At these depths, water can be converted into supercritical steam, which is highly efficient for generating electricity. Quaise envisions tapping into this vast geothermal heat as a nearly limitless, clean energy source capable of meeting global electricity demands for millions of years. The concept originated from Paul Woskov’s fusion research at MIT, where he realized that gyrotrons—powerful microwave sources used to heat plasma—could be repurposed to vaporize rock and create deep boreholes. In 2018, Carlos Araque and Matt Houde joined Woskov to found Quaise, combining expertise from MIT and the oil and gas industry. Recently, Quaise completed its first proof-of-concept demonstration near Houston, Texas, where their microwave drilling technology successfully penetrated 10 feet into granite within an existing oil well. Although this is an early milestone far from the ultimate goal of drilling miles deep, the company emphasizes its mission to become a geothermal developer providing abundant, reliable, and affordable clean energy worldwide, rather than merely selling drilling equipment.
energygeothermal-energyclean-energydrilling-technologymicrowavesfusion-researchsustainable-powerBonanza Of Gas Killing Geothermal Energy Discovered In US
geothermal-energyrenewable-energyenhanced-geothermal-systemsenergy-generationUS-Department-of-EnergyNevada-geothermalfossil-fuelsCuộc đua khai thác năng lượng từ lòng đất
energygeothermal-energyclean-energydrilling-technologyrenewable-resourcesenergy-productionsustainable-energy